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You have $4,000 in your savings account, and want to buy a car for $25,000. Attempt 1/10 for 5.5 pts. Part 1 If you are

You have $4,000 in your savings account, and want to buy a car for $25,000.

Attempt 1/10 for 5.5 pts.

Part 1

If you are not depositing any new money into your account and the interest rate on your savings account is 8% per year, how many years do you have to wait before you can buy the car?

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